The Nolen, a 23-story condo tower in downtown St. Pete, opens to residents

The Nolen, a 23-story condo tower in downtown St. Pete, opens to residents

After nearly three years of construction, residents have started moving into the Nolen, a 31-unit luxury condominium tower in downtown St. Pete.

Located at 126 4th Avenue Northeast, the community has sold 30 of its residences, with just one home still available. Closings began last week, and 80% of homeowners are expected to move in over the next few weeks.

The Nolen was developed by DDA Development and Backstreets Capital, the same team behind The Salvador, which opened in 2017. They are also currently developing The Central, a 2.1-acre mixed-use project in St. Pete’s EDGE District.

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Authentic Brownstones Coming to Downtown St. Pete

Authentic Brownstones Coming to Downtown St. Pete

Downtown St. Pete’s newest residential community will bring a bit of northeast charm to the Sunshine City.  The Brownstones St Petersburg will pay homage to an architectural style found frequently in cities such as Chicago, Boston, and New York City.  Located on the corner of 4th Ave N and 1st St N, these new homes will be only one block away from the popular Beach Dr. and at the site of formerly proposed condo project Maranatha by the Bay.

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Reservations Remain Strong as ONE St. Petersburg Releases New Penthouse Renders

Reservations Remain Strong as ONE St. Petersburg Releases New Penthouse Renders

With the tailwinds of a red hot downtown real estate market at its back, ONE St. Petersburg has continued to far exceeded expectations.

Since having an official grand opening event in February around 120 units have been reserved, representing sales of over $126 million. Dave Traynor, of Smith & Associates, said about a third of the reservations have come from existing St. Pete residents while another third have come from other areas in Tampa Bay. The remaining third have come from out of area buyers primarily from the Northeast and the Midwest.

Soaring over 450 feet, ONE St. Petersburg will be the tallest building in St. Petersburg and in Pinellas County. The 41-story, 253 unit condo tower, which is expected to break ground in the first quarter of 2016, will be located at 100 First Ave N. 

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Feldman Equities is Making Their Mark on Downtown St.Pete

Feldman Equities is Making Their Mark on Downtown St.Pete

With the hustle and bustle of Downtown St.Pete's residential real estate market, you may never notice the impact that the boom is having on downtown's office market. Over the past few years Feldman Equities, led by CEO Larry Feldman, and their partners, have been making their mark on Downtown St.Pete's office scene by scooping up underperforming office buildings.

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Project: Quattro Beach Drive

Project: Quattro Beach Drive

Just 400 steps from Beach Drive is a new project named Quattro Beach Drive. Quattro, meaning four in Italian, is a development of 4 two-story town homes located in the Old Northeast neighborhood but within walking distance to Downtown St.Pete.  Each town home will be around 3300 square feet and will feature a private courtyard separating the main home from the guest house. 

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Project: Towns on Fifth

Project: Towns on Fifth

If you follow this blog or any local news site you're probably very aware of the building boom going on in Downtown St.Pete. From apartments to condos to hotels and office there's a very strong wave of new development that is transforming downtown. Adding to the building boom is a new project: The Towns on Fifth. Located just one block from Beach Drive at 145 5th Ave NE, the Towns on Fifth is a development of 8 luxury town homes. Each unit will feature 3 floors with a rooftop terrace and a two car garage that opens to a private central driveway.

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Project: Central & 16th Redevelopment

Project: Central & 16th Redevelopment

On the western edge of Downtown St. Petersburg lies the appropriately named Edge District, a Florida Main Street Community of shopping, dining, and living. If you haven't explored the Edge District you're missing out, they have a ton of restaurants and cool antique shops. This area has been booming and has become a unique destination.

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Project: ONE St. Petersburg

Project: ONE St. Petersburg

I'm a little late with this post but nonetheless I'm very excited to tell you about ONE St.Petersburg, a huge new project in the heart of downtown. ONE St.Petersburg will be a 41 story, 253 unit condo tower complemented by a garage and retail base along with a second tower featuring 174 hotel rooms.

The Kolter Group is developing this $120 million project that will likely become St.Petersburg's tallest building.

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Project: USFSP Kate Tiedemann College of Business building

Project: USFSP Kate Tiedemann College of Business building

From the green benches of  "God's Waiting Room" to the green and gold of the USF Bulls, USF St.Petersburg (USFSP) seems poised to expand it's role on downtown. Over the past few years there has been a lot of change on the small bay front campus including the addition of on-campus housing, a newly constructed student center, and the creation of new campus green space.

But don't expect the projects to stop there. If newly hired Chancellor Sophia Wisniewska has her way USFSP could double its enrollment to 10,000 students by 2024.

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Project Update: The Arlington

Project Update: The Arlington

Quick update on The Arlington where construction is progressing smoothly. The first phase, which consists of 12 of 34 town homes in the development, is currently underway and plumbing being installed now. In the next few weeks the foundations should begin being poured. Completion of phase 1 is expected in April or May of 2015.

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